Problem
The directors of Lake Co recently discovered a wages fraud at the company, so they are now seeking advice on the design and implementation of a new wages system which will incorporate appropriate segregation of duties.
Task
1. State TWO objectives of the intern I control that should be exercised over the wages system of Lake Co.
2. Explain the meaning of 'segregation of duties'.
3. Identify the TWO aspects pertaining to wages transactions that should be subject to segregation of duties.
4. Describe TWO examples of substantive procedure for wages